This winter season has brought vital new energy to the market place.

Hotels, restaurants and airlines are busy, busy and realtors are busier than at any time in the past two years, with lots of sales activity, contracts and scheduled closings.

This renewed activity, in my view, is a result of better buyer confidence, increased tourism business in TCI, and attractive price points.

We are seeing most of our traffic in the $500,000 to $1M range but are now setting markers at 1.5M and beyond as luxury buyers creep back into the market.

A few years ago, I remember driving down the street, and exclaiming to my partner that “TCI is an unstoppable force”. 2009 was a real confidence – shaker, but now that we are well into 2010, I clearly see a better dynamic and psychology, and feel once again that, Turks & Caicos is indeed an unstoppable force that will now re-commence growth at a healthier sustainable pace.

Joe Zahm
President / Broker
Turks & Caicos Sotheby’s International Realty